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    copper investing

    Weatherly International to Re-Start Old Matchless

    Investing News Network
    Nov. 23, 2012 12:24PM PST
    Base Metals Investing

    Mining Weekly reported that copper miner Weatherly International plans to re-start its Old Matchless mine in Namibia, which will boost its copper production by more than 3 000 t/y of copper.

    Mining Weekly reported that copper miner Weatherly International plans to re-start its Old Matchless mine in Namibia, which will boost its copper production by more than 3 000 t/y of copper.

    As quoted in the market report:

    Weatherly CEO Rod Webster noted that reopening the Old Matchless mine allowed the company to more than double its production at a mine where it already had a sound operating base. “In addition, it allows us to make increased use of the currently underused Otjihase concentrator, reducing unit costs.

    To view the whole Mining Weekly report, click here.

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